A report by the Business Reporter indicates that Fuel prices around the world have marginally gone down in both local currently and US dollars.
How is this reflecting on your local economy?
The full article reads:
FUEL prices have marginally gone down in both local currency and US$ following a review by the Zimbabwe Energy Regulatory Authority (ZERA).
ZERA announced the petroleum prices review for the week of March 21-27 in a notice this morning.
Diesel now costs $213,90 (US1,60) down from $218,01 (US$1,68) per litre, while petrol is now going for $213,49 (US$1,59) from $216,78 (US$1,67).
This is the third price review of fuel this month.
“Prices have been set in accordance with oil price patterns on the international market which the Authority is continuously monitoring. The public and operators are advised that the blending ratio remains at EO.
“Operators may sell the petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place as provided for by the fuel pricing regulations,” reads the notice.
Source: OccupyGh.com
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